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Tag Archives: mortgage
Prepayments and its advantegs
Prepayment is when you make additional mortgage payments so you pay down your mortgage early. This reduces your overall cost borrowing, you may be able to drop your private insurance early.
Posted in Copperas Cove Real Estate, Economy, Finance, Fort Hood News, Harker Heights Real Estate, Home Energy, Killeen Real Estate, New Homes in Killeen, Rental, Taxes, Uncategorized, VA Loans
Tagged Loan, mortgage, prepayment, private insurance
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Title Theory versus Lien Theory
In some states, lenders are considered the owners of mortgaged land and hold legal title, while the borrower has equitable title. Other states are lien theory states because they consider the borrowers to be the owners of mortgaged property, lenders … Continue reading
Posted in Copperas Cove Real Estate, Economy, Finance, Fort Hood News, Harker Heights Real Estate, Home Energy, Killeen Real Estate, New Homes in Killeen, Rental, Taxes, Uncategorized, VA Loans
Tagged borrower, lender, lien, mortgage, title
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Equity in your Texas homes
When we talk about equity, we find the difference between the fair market value of the home and outstanding balance on your mortgage plus any outstanding home equity loans.
Posted in Copperas Cove Real Estate, Economy, Finance, Fort Hood News, Harker Heights Real Estate, Home Energy, Killeen Real Estate, New Homes in Killeen, Rental, Taxes, Uncategorized, VA Loans
Tagged equity home loans, fair market value, mortgage, Texas home
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Closing costs buying homes in the Ft. Hood area
The closing costs on a loan are fees you may have to pay when you purchase a home. These fees include application fees; title review, abstract of title, title insurance, and property survey fees; fees for preparing deeds, mortgages, and … Continue reading
Posted in Copperas Cove Real Estate, Economy, Finance, Fort Hood News, Harker Heights Real Estate, Home Energy, Killeen Real Estate, New Homes in Killeen, Rental, Taxes, Uncategorized, VA Loans
Tagged closing costs, credit report, Ft. Hood area, good faith estimate, homes, mortgage, purchase a home, recording fees, taxes and insurance
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